Wednesday, January 21, 2009

Michigan's unemployment rate tops 10%


According to the Detroit Free Press, the state of Michigan is experiencing double-digit unemployment for the first time since 1985. Michigan also has the dubious distinction of having the nations highest rate of unemployment, and being one of a handful states actually borrowing from the federal government to make unemployment insurance payments.

This will undoubtedly further stress the state's unemployment insurance fund.


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Read all of my Michigan related posts here.

2 comments:

Norm Elrod said...

Hey--I just found your blog through Unemployment Haiku Weekly. I have a blog called Jobless and Less (www.joblessandless.com). It's all about being unemployed.

Would you like to exchange links?

Norm

Norm Elrod said...

Hey--I just added you to my blogroll too. So we're all set. Thanks.

Norm